Attijariwafa Bank (CAS:ATW) Shiller PE Ratio: 18.76 (As of Sep. 08, 2026) — 13% Above Median

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CAS:ATW Attijariwafa Bank SA CAS:ATW
64 GF Score
Price MAD718.00
GF Value MAD668.20
Valuation Fairly Valued
! 4 Warning Signs
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What is Attijariwafa Bank Shiller PE Ratio?

Attijariwafa Bank CAS:ATW 64 Shiller PE Ratio is 18.76 as of Sep. 08, 2026, which is 13% above its 10-year median of 16.66. GuruFocus rates CAS:ATW with a GF Score™ of 64/100 and a GF Value™ of MAD668.20 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,236 Banks companies, Attijariwafa Bank ranks worse than 74.35% on this metric.

As of today (2026-09-08), Attijariwafa Bank's current share price is MAD718.00. Attijariwafa Bank's E10 for the quarter that ended in Jun. 2026 was MAD38.27. Attijariwafa Bank's Shiller PE Ratio for today is 18.76.

The historical rank and industry rank for Attijariwafa Bank's Shiller PE Ratio or its related term are showing as below:

CAS:ATW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.54   Med: 16.66   Max: 22.47
Current: 18.76

During the past years, Attijariwafa Bank's highest Shiller PE Ratio was 22.47. The lowest was 12.54. And the median was 16.66.

CAS:ATW's Shiller PE Ratio is ranked worse than
74.35% of 1236 companies
in the Banks industry
Industry Median: 14.01 vs CAS:ATW: 18.76

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Attijariwafa Bank's adjusted earnings per share data for the three months ended in Jun. 2026 was MAD14.985. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MAD38.27 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Attijariwafa Bank  (CAS:ATW) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Attijariwafa Bank Shiller PE Ratio Related Terms


Attijariwafa Bank Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Attijariwafa Bank's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Attijariwafa Bank Shiller PE Ratio Chart

Attijariwafa Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 13.73 15.09 17.18 20.33

Attijariwafa Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.34 20.86 20.33 18.37 17.97

CAS:ATW vs JPM, BAC, WFC: Shiller PE Ratio Comparison

For the Banks - Diversified subindustry, Attijariwafa Bank's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Attijariwafa Bank Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Attijariwafa Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Attijariwafa Bank's Shiller PE Ratio falls into.


CAS:ATW
64GF Score
Attijariwafa Bank SA CAS:ATW
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Attijariwafa Bank Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Attijariwafa Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=718.00/38.27
=18.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Attijariwafa Bank's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Attijariwafa Bank's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=14.985/333.9520*333.9520
=14.985

Current CPI (Jun. 2026) = 333.9520.

Attijariwafa Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 5.080 241.428 7.027
201612 6.030 241.432 8.341
201703 6.000 243.801 8.219
201706 6.920 244.955 9.434
201709 7.150 246.819 9.674
201712 6.420 246.524 8.697
201803 6.600 249.554 8.832
201806 7.140 251.989 9.462
201809 7.020 252.439 9.287
201812 6.430 251.233 8.547
201903 13.333 254.202 17.516
201906 1.592 256.143 2.076
201909 6.980 256.759 9.078
201912 6.750 256.974 8.772
202003 5.517 258.115 7.138
202006 0.832 257.797 1.078
202009 3.450 260.280 4.427
202012 4.980 260.474 6.385
202103 6.707 264.877 8.456
202106 6.472 271.696 7.955
202109 5.520 274.310 6.720
202112 6.130 278.802 7.343
202203 7.851 287.504 9.119
202206 7.187 296.311 8.100
202209 7.080 296.808 7.966
202212 7.180 296.797 8.079
202303 9.015 301.836 9.974
202306 8.885 305.109 9.725
202309 10.864 307.789 11.787
202312 8.418 306.746 9.165
202403 12.253 312.332 13.101
202406 12.042 314.175 12.800
202409 11.381 315.301 12.054
202412 11.416 315.605 12.080
202503 14.001 319.799 14.621
202506 15.168 322.561 15.704
202509 11.899 324.800 12.234
202512 11.750 324.054 12.109
202603 14.510 330.213 14.674
202606 14.985 333.952 14.985

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 18.76 mean?
Attijariwafa Bank (CAS:ATW) has a Shiller PE Ratio of 18.76 as of Sep. 08, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Attijariwafa Bank and its competitors. This is 13% above median its historical median of 16.66. Over the past decade, Attijariwafa Bank's Shiller PE Ratio has ranged from 12.54 to 22.47. According to the industry distribution chart, Attijariwafa Bank ranks #919 out of 1236 companies in the Banks industry, placing it in the top 74.4%.
Is Attijariwafa Bank's Shiller PE Ratio too high?
Attijariwafa Bank's current Shiller PE Ratio of 18.76 is 13% above median its 10-year median of 16.66. Over the past 10 years, this metric has ranged from a low of 12.54 to a high of 22.47. The Banks industry median Shiller PE Ratio is 14.01. Attijariwafa Bank's value of 18.76 is 33.9% above this industry median. Based on the distribution chart, Attijariwafa Bank ranks #919 out of 1236 companies in the Banks industry, which is below the industry midpoint. Overall, Attijariwafa Bank has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Attijariwafa Bank's Shiller PE Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Attijariwafa Bank ranks #919 out of 1236 companies for Shiller PE Ratio. This places Attijariwafa Bank in the lower half of its industry. The industry median Shiller PE Ratio is 14.01. Attijariwafa Bank's value of 18.76 is 33.9% above this benchmark. Historically, Attijariwafa Bank's own Shiller PE Ratio has ranged from 12.54 to 22.47 over the past decade. While the company's 10-year median is 16.66 vs. the industry median of 14.01, Attijariwafa Bank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Banks company?
The median Shiller PE Ratio among Banks companies is 14.01, based on 1,236 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Attijariwafa Bank's current Shiller PE Ratio of 18.76 is 33.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Attijariwafa Bank and its competitors. For the Banks industry, the median Shiller PE Ratio is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Attijariwafa Bank's current Shiller PE Ratio is 18.76, which is 13% above median its own 10-year median of 16.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Attijariwafa Bank stock overvalued right now?
Based on GuruFocus' analysis, Attijariwafa Bank (CAS:ATW) is currently considered Fairly Valued. The stock's GF Value™ is MAD668.20, compared to a current price of MAD718.00 — trading 7.5% above its estimated fair value. The current Shiller PE Ratio is 18.76, which is 13% above median its 10-year median of 16.66 and 33.9% above the Banks industry median of 14.01. Attijariwafa Bank's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Attijariwafa Bank (CAS:ATW), the current Shiller PE Ratio is 18.76 as of Sep. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Attijariwafa Bank (CAS:ATW) Overvalued in 2026?

Based on GuruFocus' analysis, Attijariwafa Bank stock appears to be overvalued. The current stock price of MAD718.00 is trading 7.5% above its estimated GF Value™ of MAD668.20. GuruFocus considers Attijariwafa Bank to be Fairly Valued.

Key valuation signals for CAS:ATW:

  • Shiller PE Ratio: 18.76 (13% above median its 10-year median of 16.66)
  • GF Value™: MAD668.20 vs. price of MAD718.00 (7.5% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 33.9% above the Banks median (#919 of 1236)

No single metric tells the full story. See the CAS:ATW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Attijariwafa Bank Business Description

Address 2, Boulevard Moulay Youssef, PO Box No. 20000, Casablanca, MAR
Attijariwafa Bank SA is a Morrocan based financial and banking group. It is engaged in the provision of banking and insurance products and services. The company's banking activities include personal and professional banking, corporate banking, investment banking and international banking.
64GF Score

Get the complete analysis for CAS:ATW

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD718.00
Price
MAD668.20
GF Value